Performance (March 2024):
The
Cost per Bus Passenger Trip of $9.01 in March was lower than the forecast
by $1.73. This favorable variance was due to operating expenses coming in under
budget. The 2024 Fiscal Year-to-Date (months of July through March) Cost per Bus
Passenger Trip of $9.00 exceeded the forecast by $0.20. This unfavorable
variance was due to bus ridership falling short of the forecast by 0.8 million
unlinked passenger trips.